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RESERVE LEGISLATIVE [1 record]

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Record 1 1997-06-12

English

Subject field(s)
  • Government Accounting
  • Public Sector Budgeting
CONT

The contingency reserve, which replaces the statutory and quasi-statutory reserves (réserves législatives et quasi législatives), will be maintained in order to cover the risk of statutory expenditures (dépenses législatives) exceeding projections (for example, transfer payments may increase in response to changes in economic conditions). The Minister of Finance establishes the size and application of this reserve.

French

Domaine(s)
  • Comptabilité publique
  • Budget des collectivités publiques
OBS

Cette réserve a été remplacée par la réserve pour éventualités.

Spanish

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